Is Yahoo like TRW?: Biz Question of the Day
Many in the South Bay remember when Northrop Grumman made an unsolicited offer for TRW. TRW's boarded reacted with outrage, saying the offer undervalued TRW's stock. Of course, when Northrop sweetened the offer enough, TRW's board accepted, and the two companies became one.
Now Yahoo's board reportedly has rejected Microsoft's unsolicited offer for the search engine. Yahoo reportedly says the offer is too low.
So I ask you: Will history repeat itself with a sweetened offer from Microsoft and eventual acceptance from Yahoo's board? With the two technology companies soon become one?